Economics
Global fossil fuel production plans far exceed climate targets, U.N. says
Global fossil fuel production in 2030 is set to be more than double the levels that are deemed consistent with meeting climate goals set under the 2015 Paris climate agreement, the United Nations and researchers said.
thyssenkrupp Uhde and Proman embark on highly efficient world-scale ammonia plant
thyssenkrupp Uhde has been engaged by Proman to realize a 2200 tpd ammonia plant in Topolo-bampo, Sinaloa, Mexico.
Aspen Technology partners with OMV Group to accelerate progress toward net zero targets
Aspen Technology, Inc. announced a newly expanded relationship with OMV Group to help accelerate the international integrated oil and gas company's energy transition initiatives and its path to achieving net zero targets.
OMV in talks with ADNOC on chemicals business merger
OMV is actively in negotiations with the state-owned Abu Dhabi National Oil Company about a possible merger of their chemicals business.
Nigeria's state oil firm launches new 'Nembe' grade of crude
Nigeria's state oil firm NNPC Ltd said it had launched a new grade of crude called Nembe, which is particularly suited to the European market.
Chevron Lummus Global commissions ISOTERRA unit at Chevron's El Segundo Refinery (U.S.)
Chevron Lummus Global LLC announced the completion and successful startup of an ISOTERRA unit as part of Chevron's renewable fuel conversion project at their El Segundo Refinery in Southern California.
Eni, Saipem join forces to develop new bio-refineries
Italian energy group Eni and energy services company Saipem have signed a deal to support the transformation of traditional refineries and the development of new Eni's bio-refineries.
First Emirates flights cleared for take-off with SAF from Dubai
The first Emirates flights operating with SAF provided by Shell Aviation have taken off from Dubai International Airport.
Iran's petrochemical ambition: aiming for 130 MMt annual production
Iran is aiming to create a formidable 130 MMt of annual petrochemical production capacity by the end of its 7th development plan.
Safir Petchem Project set to launch by the end of 2023
The Managing Director of the Persian Gulf Petrochemical Industries Company, Abdul Ali Ali Asgari, has announced that the "Safir Petrochemical Project" is on the verge of commencing its operations in the near future.

- China's Wanhua Chemical starts operation at new east China cracker 4/4
- Brookfield Infrastructure announces the acquisition of Colonial Enterprises for $9 B 4/4
- PBF restarts some units at Martinez refinery after February fire; fire-damaged units remain shut 4/4
- Japan to curb gasoline prices from June to cushion U.S. tariff blow 4/4
- Evonik presents innovative "Debonding on Demand" concept for more sustainable bonding 4/3
- Oil, gas and refined product imports exempted from Trump’s sweeping tariffs 4/3